Walnut Grove, AL Profile: Facts & Data

The Town of Walnut Grove had a population of 772 as of July 1, 2024. Walnut Grove ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Alabama. See peer rankings below.

The primary coordinate point for Walnut Grove is located at latitude 34.0657 and longitude -86.3064 in Etowah County. The formal boundaries for the Town of Walnut Grove encompass a land area of 5.03 sq. miles and a water area of 0.01 sq. miles. Etowah County is in the Central time zone (GMT -6).

The Town of Walnut Grove has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alabama is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Walnut Grove is located within Altoona Division of Etowah County.

Walnut Grove, AL Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	772 (100%)
Population in Households	772 (100.0%)
Population in Families	636 (82.4%)
Population in Group Quarters¹	0
Population Density	154
Diversity Index²	24


INCOME
Median Household Income	$45,704
Average Household Income	$61,226
% of Income for Mortgage⁴	23%
Per Capita Income	$24,744
Wealth Index⁵	44
Socioeconomic Status Index⁶	Low (44.3)

HOUSING
Total HU (Housing Units)	336 (100%)
Owner Occupied HU	201 (59.8%)
Renter Occupied HU	111 (33.0%)
Vacant Housing Units	24 ( 7.1%)
Median Home Value	$167,000
Average Home Value	$229,478
Housing Affordability Index³	117

HOUSEHOLDS
Total Households	312
Average Household Size	2.47
Family Households	207
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Walnut Grove, AL - Peer Comparisons by Rank and Percentile

The table below compares Walnut Grove to the other 593 incorporated cities, towns and CDPs in Alabama by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.03%	-0.42%
Households	-0.45%	-0.32%
Families		0.48%
Median Household Income		1.72%
Per Capita Income		3.18%
Owner Occupied HU		1.82%

Variable Description	Rank	Percentile
Total Population	# 350	41st
Population Density	# 385	35th
Median Household Income	# 410	31st
Housing Affordability Index	# 210	35th
Per Capita Income	# 468	21st
Diversity Index	# 476	20th

Walnut Grove, AL Profile: Facts & Data

Walnut Grove, Alabama - Basic Facts

Walnut Grove, AL Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Walnut Grove, AL - Peer Comparisons by Rank and Percentile

Walnut Grove, AL - Most Popular Things to Do

Use HTL Address Research for a Alabama Address and get...

Quick & Easy Ways to...

Alabama Census Data Comparison Tool

Etowah County